335 339 Centinela Ave, Inglewood, California 90302, Inglewood, 90302 - 0 bed, 0 bath
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Inglewood, California 90302
Analysis of 335 339 Centinela Ave, Inglewood, California 90302 is currently available with a list price of $1,895,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Inglewood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1940 (84 years old) with no evidence of major renovations to kitchens, baths, or systems. The listing explicitly targets developers for a 70-unit mixed-use project, indicating the existing structures are at the end of their economic life and the value is primarily in the land and MU-C zoning.
Zoned MU-C within the Inglewood TOD area, the 13,493 sq ft site supports a potential 70-unit mixed-use project, allowing developers to maximize land utility through density incentives.
The property is situated in a premier growth corridor near SoFi Stadium, the Intuit Dome, and Hollywood Park, ensuring long-term demand and significant capital appreciation potential.
The availability of seller financing combined with in-place residential income provides essential financial flexibility and carrying cost offsets during the entitlement and permitting phase.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13493, other record lot size in square feet = 5362. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2700, other record living area = 1080.
The local public schools carry low ratings (ranging from 1 to 3), which may deter family-oriented residential tenants and impact the long-term desirability of the finished units.
The current structures date back to 1940, likely requiring significant maintenance or total demolition, which adds to the initial capital expenditure and project complexity.
The Harley Group at Lyon Stahl is pleased to present a rare development opportunity at 335–339 Centinela Avenue and 434 Warren Lane in Northwest Inglewood. The property spans a 13,493 square foot site across three contiguous parcels, currently improved with two duplexes and one single-family residence, totaling five detached dwelling units and a separate structure comprised of (5) one-car garages. Located at a signalized intersection within the Inglewood Downtown Transit-Oriented Development (TOD) area and zoned MU-C (Mixed-Use Corridor), the site is well-positioned for higher-density residential, mixed-use, or a variety of commercial development. Investors and developers can benefit from in-place residential income while pursuing entitlement and permitting approvals. Preliminary architectural studies indicate the potential for a 70-unit mixed-use development with ground-floor retail and structured parking, illustrating a feasible mid-risepodium project aligned with MU-C zoning and TOD density incentives, subject to buyer verification. Positioned in one of Southern California’s most dynamic growth markets, the property is surrounded by transformative developments including SoFi Stadium, the Intuit Dome, and the Hollywood Park redevelopment, supporting long-term demand across residential, mixed-use, and commercial uses. SELLER FINANCING AVAILABLE - Contact Broker for details.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,700 | 3,870 |
| Lot Size | 13,493 | 6,744 |
| Price | $1.90M | $1.96M |
| Price per sq ft | $702 | $346 |
| Built year | 1940 | 1957 |
| HOA | $0 | $0 |
| Days on market | 23 | 110 |
Jun 29, 2026
$1,895,000
Initial Listing
Mar 29, 2024
$1,500,000
Public Record
Nov 25, 2003
$300,000
Public Record